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Barr Ellison Solicitors – commercial property
12 December, 2007 - 12:57 By Staff Reporter

US Navy deal for ITM Power

Alternative energy innovator, ITM Power, is developing a dual liquid fuel cell to power Unmanned Undersea Vehicle (UUV) in collaboration with the US Navy.

The Naval Undersea Warfare Center Division in Newport, Rhode Island, is exploring the potential for ITM-designed fuel cells to meet the needs of ‘defined operational parameters,’  and quantify the required R & D efforts in terms of time and money. The deal, financial details of which were undisclosed, will enable ITM to further the R & D of its specific fuel cell design, while the US Navy, which boasts a tonnage greater than that of the next 17 largest navies combined and a $127bn annual budget, investigates a number of options for its UUV program. ITM’s CEO, John Heathcote said: “We believe electrolyser and fuel cell systems have many military applications and hope this agreement will open the door to large potential markets for our technology.”

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